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Orthovita Inc.

Second Sight Medical taps Blake as CFO | Personnel Moves – March 27, 2018

March 27, 2018 By Fink Densford

Second Sight Medical (NSDQ:EYES) said last week it named John Blake as its new chief financial officer, succeeding Thomas Miller who has held the position since 2014. Before joining Second Sight Medical, Blake acted as finance senior VP at Tyr Pharma, and has held positions with Volcano Corp and BD Biosciences, the company said. Blake worked with […]

Filed Under: Business/Financial News Tagged With: acessahealth, Bayer, Boston Scientific, collagenmatrix, Dentsply Sirona, innovatusimaging, Integra LifeSciences, NovaBone, Nuvasive, Orthovita Inc., Paradigm Spine, Philips, Second Sight, Smith & Nephew, Trice Medical

Appetite for Acquisition: Stryker CEO Lobo says medical device company is in the hunt | Wall Street Beat

May 16, 2013 By Brad Perriello Leave a Comment

MassDevice.com Wall Street Beat

Stryker (NYSE:SYK) CEO Kevin Lobo told an investors conference audience in Las Vegas yesterday that the medical device company is still in the mergers & acquisitions hunt, even after its newsmaking buyouts of China’s Trauson Holdings, Israel’s Orthovita and Surpass Medical.

Filed Under: Mergers & Acquisitions, News Well, Orthopedics, Wall Street Beat Tagged With: Covidien, Lanx Inc., Orthovita Inc., Sirona, Stryker, Surpass Medical, Tornier Inc., Trauson Holdings

Stryker: Acquisitions helped boost top, bottom lines

January 25, 2012 By MassDevice staff Leave a Comment

Stryker logo

Although it posted healthy sales and profit growth last year, Stryker Corp. (NYSE:SYK) was a penny shy of analysts’ forecasts for adjusted earnings per share, which usually sends investors into a selling spree.

But the Kalamazoo, Mich.-based device maker bucked the trend, as Wall Street sent SYK shares up 3.8%, to $54.94, in early-afternoon trading as of about 2 p.m. today.

Stryker posted $8.31 billion in sales for 2011, 13.5% more than the $7.32 billion it brought in during 2010.

Filed Under: MassDevice Earnings Roundup, News Well, Orthopedics, Wall Street Beat Tagged With: Boston Scientific, Concentric Medical Inc., MemoMetal, Orthovita Inc., Q4, Stryker

Bidding war drove up the price in Stryker deal for Orthovita

June 14, 2011 By MassDevice staff Leave a Comment

Stryker

A bidding war with another, un-named suitor drove up the price Stryker Corp. (NYSE: SYK) paid for Orthovita Inc. (NSDQ:VITA) by at least $16 million, according to regulatory documents.

Filed Under: Mergers & Acquisitions, News Well, Wall Street Beat Tagged With: Orthovita Inc., Stryker

More Orthovita shareholders sue over Stryker deal

June 9, 2011 By MassDevice staff Leave a Comment

Orthovita
Stryker

Another group of Orthovita Inc. (NSDQ: VITA) shareholders filed a lawsuit looking to block Stryker Corp.’s (NYSE:SYK) $316 million buyout bid for the Malvern, Pa.-based orthopedic biologics maker.

Filed Under: Legal News, Mergers & Acquisitions, News Well Tagged With: Orthobiologics, Orthovita Inc., Stryker

Hedge fund billionaire puts more skin in med-tech | Funding Roundup

June 3, 2011 By MassDevice staff Leave a Comment

Funding

Mario Gabelli, one of the world’s wealthiest men, put another $3.4 million into Orthovita Inc. (NSDQ:VITA) and dropped $25 million on American Medical Systems Holdings Inc. (NSDQ:AMMD).

Filed Under: News Well Tagged With: American Medical Systems Holdings Inc., Cardiovascular Systems Inc., Gamco Investors Inc., Lumicell, Orthovita Inc., Stryker, Venture Capital/Private Equity

Stock bulletin: Hedge fund billionaire bets big on Orthovita | Funding Roundup

June 1, 2011 By MassDevice staff Leave a Comment

Funding

Mario Gabelli, one of the world’s wealthiest men, revealed 5.42 percent ownership in Orthovita Inc. (NSDQ: VITA) just days before Stryker Corp. (NYSE:SYK) launched its tender offer for the Malvern, Pa.-based orthopedic biologics maker.

Filed Under: News Well Tagged With: Bacterin International Holdings Inc., Gamco Investors Inc., Immunetics Inc., MedVentive, Orthovita Inc., Stryker, Venture Capital/Private Equity, Viking Systems Inc.

Orthovita shareholders sue to stop $316 million Stryker buyout

May 31, 2011 By MassDevice staff Leave a Comment

Orthovita
Stryker

Shareholders of Orthovita Inc. (NSDQ: VITA), a Malvern, Pa.-based orthopedic biologics maker, are suing over a proposed $316 million merger by Stryker Corp. (NYSE:SYK ) that represents a hefty premium on VITA stock price.

Filed Under: Legal News, Mergers & Acquisitions, News Well, Orthopedics Tagged With: Orthovita Inc., Stryker

Stryker launches tender offer for Orthovita

May 27, 2011 By MassDevice staff Leave a Comment

Stryker
Orthovita

Stryker Corp. (NYSE:SYK) launched its $3.85-per-share tender offer for Orthovita Inc. (NSDQ:VITA) as it looks to fill the void left by the sale of its troubled OP-1 assets.

Filed Under: Mergers & Acquisitions, News Well, Orthopedics, Wall Street Beat Tagged With: Orthobiologics, Orthovita Inc., Stryker

Stryker CEO MacMillan bullish on the future at analyst meeting

May 18, 2011 By MassDevice staff Leave a Comment

Stryker logo

Stryker Corp. (NYSE: SYK ) CEO Stephen MacMillan took time out to tout his company’s resilience at an analyst meeting in New York Wednesday.

MacMillan said the Kalamazoo, Mich.-based orthopedic and medical equipment giant has proven its mettle in tough times, something he said would allow it to continue to perform, despite struggles in the orthopedic industry.

Filed Under: Mergers & Acquisitions, News Well, Wall Street Beat Tagged With: Boston Scientific, Orthovita Inc., Stryker

Stryker deal for Orthovita yields nice return for hedge fund

May 17, 2011 By MassDevice staff Leave a Comment

Stryker

The brass at Paradigm Capital Management are likely feeling pretty smart today, after boasting a cool 53 percent minimum return on an investment in Orthovita Inc. (NSDQ: VITA), which soared after the announcement of a $316 million buyout by Stryker Corp. (NYSE: SYK).

Filed Under: Mergers & Acquisitions, News Well, Wall Street Beat Tagged With: Orthobiologics, Orthovita Inc., Stryker

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